Duo Exchange: It has been noted that a giant whale lost 15,079 fwDETH in an incident, and DETH is designed to always be redeemable 1:1 for ETH in positions opened on Duo

ChainCatcher message, Duo Exchange tweeted that it has noticed a recent incident where a giant whale lost 15,079 fwDETH due to phishing, causing the attacker to sell off DETH and leading to a brief price decoupling. The official emphasized that DETH is designed to always be redeemable at a 1:1 ratio for ETH that has been opened on Duo. The protocol itself is secure and continues to operate as expected. The team is currently closely monitoring the situation and collaborating with the affected parties.